Discover Financial Services was formed in 1986
A publicly-traded company, Discover Financial Services (NYSE: DFS), is a direct banking and payment services company. Since its inception in 1986, Discover Financial Services has become one of the largest card issuers in the United States.
Discover issues the Discover card, America’s cash rewards pioneer, offers private student loans, personal loans, home equity loans, checking and savings accounts, and certificates of deposit through its direct banking business. In addition, it operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation’s leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 190 countries and territories.
The Discover credit card was introduced in 1985 by Sears, accompanied by Coldwell, Banker & Company, and Dean Witter Reynolds.
For more information, visit www.discover.com/company.